Pirates release Pakistani crew

Pirates have released five Pakistani crew they kidnapped from an oil tanker off the Nigerian coast two weeks ago, security sources said on Thursday.

Pirates release Pakistani crew kidnapped off Nigeria

(Reuters) – Pirates have released five Pakistani crew they kidnapped from an oil tanker off the Nigerian coast two weeks ago, security sources said on Thursday.

Increasing piracy in the Gulf of Guinea region, which includes Africa’s No. 1 oil producer Nigeria and is a significant source of cocoa and metals for world markets, is jacking up costs for shipping firms operating there.

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Source: Reuters.